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Lockheed lands contract to upgrade Turkey’s fighter jets
Lockheed Martin received a $635 million contract to upgrade Turkey’s F-16 fighter jets. The contract runs through 2016.
Boeing appears poised to take the lead in aircraft orders
Boeing booked 875 new orders in 2006, compared with 694 for its European rival Airbus as of Dec. 21. If the numbers hold, Boeing will take the lead from Airbus for the first time in five years.